uCloudlink’s GlocalMe Taps Into U.S. Pet Boom With PetPhone After Market Re-Entry

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uCloudlinks GlocalMe Taps Into US Pet Boom With PetPhone After.jpeg

Ucloudlink Group IncConsumer brand (nasdaq: ucl) Glukal It renews a batch in the United States with the launch of Petphone, a device with an artificial intelligence designed to allow pets and owners to stay in contact.

The company puts the product as an engine to expand it in the United States, where it expects revenue multiplied again in 2025 after the market was reinforced last year.

“The United States is the largest pet market in the world. Every family needs Chen Chauhawi. “Our mission is to bridge the digital gap of humans and pets.”

Petphone for pets allows “call” owners through an artificial intelligence recognition of procedures and sounds, while owners can verify distance, play calming music, or issue orders.

Chen said early experimental families in the United States showed strong participation. He pointed out that “many families now let their dog outside, call, and the dog returns to dinner.”

The company has already obtained a strategic partnership with rubberThe leader of the US animal commerce in the United States, to become the exclusive Petphone service provider within three months of negotiations. Glocalme plans for official launch events in Boston and Los Angeles and is holding talks with retail and other digital distribution platforms.

The value of the American pet welfare industry is more than $ 140 billion, as spending for each family continues to rise as pet ownership becomes more integrated into American lifestyles.

Also read: Chewy Fettings Strong Q1, investors remain cautious as peers in the PET TAILER E-TAILER market

Analysts note that the American market also accepts the “human character” in the care of pets, as consumers want to adopt technology products that promote pets health, safety and emotional well -being.

For ucloudlink, Petphone is part of a broader diversification outside the wide broad range. The company sold 4 million Wi-Fi devices in the world and currently supports 300,000 active stations per day. The United States has previously contributed about 20 % of the group’s revenues before the legal disorders and the epidemic forced.

After resolving and re -entering patent disputes in 2023, the company expanded its number from 2 to 7 products specifically designed for American consumers, including car connection solutions consisting of Petphone.

The margins in the United States are still attractive, as Chen indicated 60 % of the total margins and the limited competition. The company has reported a net profit of $ 10 million in 2023, and many of them are reinforced in developing new products and American marketing.

“We already see strong acceptance in the US market,” said Chen. “This is not only about creating a new product category, but about building a business can expand.”